Discovered Value
General Dentists: Create a Higher Profit Margin for Your Business With These 6 Strategies
With Discovered Value, you can uncover an easier and more cost effective way to purchase your dental supplies.
Discovered Value
General Dentists: Create a Higher Profit Margin for Your Business With These 6 Strategies
With Discovered Value, you can uncover an easier and more cost effective way to purchase your dental supplies.
Do You Want to Lower Your Dental Supply Expenses?
Lowering expenses—that’s always great.
But who has the time to research different vendors for competitive product pricing?
If you’re a hardworking dentist, office manager, or assistant who cares about your practice, there are more important things you need to be focusing on.
And if you do have any spare time, it’s better spent on more crucial things like managing your staff, looking for ways to bring in new patients, or simply getting ready for the next day.
When you already have lab scripts to write, patient charts to look over, and insurance appeals to file, the last thing you want to do is file extra paperwork on top of it.
Since there isn’t a “problem” with the long-term supplier that has been “taking care of you”, you haven’t considered how much more they are charging you.
Maybe you simply don’t have time to seek out new vendors and negotiate pricing.
We get it.
It’s hard to even think about things like budgeting and buying when you simply don’t have the time, tools or strategies to know where to begin.
That’s where we come in.
Do You Want to Lower Your Dental Supply Expenses?
Lowering expenses—that’s always great.
But who has the time to research different vendors for competitive product pricing?
If you’re a hardworking dentist, office manager, or assistant who cares about your practice, there are more important things you need to be focusing on.
And if you do have any spare time, it’s better spent on more crucial things like managing your staff, looking for ways to bring in new patients, or simply getting ready for the next day.
When you already have lab scripts to write, patient charts to look over, and insurance appeals to file, the last thing you want to do is file extra paperwork on top of it.
Since there isn’t a “problem” with the long-term supplier that has been “taking care of you”, you haven’t considered how much more they are charging you.
Maybe you simply don’t have time to seek out new vendors and negotiate pricing.
We get it.
It’s hard to even think about things like budgeting and buying when you simply don’t have the time, tools or strategies to know where to begin.
That’s where we come in.
Who We Are: Discovered Value
We’re dental industry professionals that have formulated six straight-forward strategies to lower supply expenses for dental offices.
Through our own first-hand experience at a real dental practice, we’ve developed a plan of action that can be implemented at any dental business to cut costs—from negotiating shipping terms to taking advantage of purchase incentives.
And we want to pass along what we’ve learned to fellow dental practice owners, office managers, and assistants who want to achieve better margins by controlling their overhead.
We’ve done the hard work, so you can free up both time and money to reinvest back into your business.
Who We Are: Discovered Value
We’re dental industry professionals that have formulated six straight-forward strategies to lower supply expenses for dental offices.
Through our own first-hand experience at a real dental practice, we’ve developed a plan of action that can be implemented at any dental business to cut costs—from negotiating shipping terms to taking advantage of purchase incentives.
And we want to pass along what we’ve learned to fellow dental practice owners, office managers, and assistants who want to achieve better margins by controlling their overhead.
We’ve done the hard work, so you can free up both time and money to reinvest back into your business.
How We Do It: Six Strategies for Higher Margins
We’ve identified 6 key factors that will lower overhead and raise margins for dental businesses:
Standardize the Ordering Process.
Have a set frequency in which you order to minimize the one-off orders. This gives you the benefit of volume ordering and opens up negotiations for pricing with vendors. The bigger the bulk order, the more options you have to secure a deal and save money.
Reduce Shipping Costs.arch
With multiple orders, if you don’t negotiate shipping terms, the individual orders can drive up the per unit costs of the items you are purchasing. And reducing the amount of orders and negotiating terms in your favor will lower your shipping costs and overall overhead.
Get Comparison Quotes.
Once you have a large order ready to be placed, send it to several companies and request a quote. You’ll be surprised at what type of savings you get.
Don’t Be Afraid to Establish a Relationship With a New Vendor.
Don’t restrict yourself to one supplier. To try a new vendor, place a small order to get a feel for their shipping times, quality of product, return process, and general compatibility. Make sure you feel comfortable with everything you receive—both product and service before you place a large order.
Free Goods, Free Goods, Free Goods.
Dental supply manufacturers will often provide purchase incentives to get you to buy more products. And you just need to send in the redemption form to request those goods. When you buy 3 to get 1 free and the product costs $100 per unit, you reduce your cost per unit from $100 to $75. That’s a 25% savings.
Consolidate Vendors.
Reduce the number of vendors you deal with to leverage pricing. Vendors thrive on volume. The more you buy, the bigger discount you’ll get. So you may not be able to use one vendor for all of your products, but the more you can consolidate, the better.
How We Do It: Six Strategies for Higher Margins
We’ve identified 6 key factors that will lower overhead and raise margins for dental businesses:
Standardize the Ordering Process.
Have a set frequency in which you order to minimize the one-off orders. This gives you the benefit of volume ordering and opens up negotiations for pricing with vendors. The bigger the bulk order, the more options you have to secure a deal and save money.
Reduce Shipping
Costs.arch
With multiple orders, if you don’t negotiate shipping terms, the individual orders can drive up the per unit costs of the items you are purchasing. And reducing the amount of orders and negotiating terms in your favor will lower your shipping costs and overall overhead.
Get Comparison Quotes.
Once you have a large order ready to be placed, send it to several companies and request a quote. You’ll be surprised at what type of savings you get.
Don’t Be Afraid to Establish a Relationship With a New Vendor.
Don’t restrict yourself to one supplier. To try a new vendor, place a small order to get a feel for their shipping times, quality of product, return process, and general compatibility. Make sure you feel comfortable with everything you receive—both product and service before you place a large order.
Free Goods, Free Goods, Free Goods.
Dental supply manufacturers will often provide purchase incentives to get you to buy more products. And you just need to send in the redemption form to request those goods. When you buy 3 to get 1 free and the product costs $100 per unit, you reduce your cost per unit from $100 to $75. That’s a 25% savings.
Consolidate Vendors.
Reduce the number of vendors you deal with to leverage pricing. Vendors thrive on volume. The more you buy, the bigger discount you’ll get. So you may not be able to use one vendor for all of your products, but the more you can consolidate, the better.
A Free Consultation to Get You Started
We’re confident we can raise your margins by lowering your overhead.
In our free, in-person consultation, we’ll give you a free comparison and discuss how these 6 strategies can be implemented immediately.
When you send us your invoices from previous orders, we’ll do a side-by-side comparison of your product costs.
We know it’ll help you, because we’ve successfully implemented it in our own dental practice.
In fact, we were able to secure a 28% reduction in costs on average per month for the last 2 years.
And we’ve added over $12,000 each year to our profit margin, and that’s just the beginning.
In our office, that’s the equivalent of doing 35 more crowns per year.
A fair trade, if you ask us.
A Free Consultation to Get You Started
We’re confident we can raise your margins by lowering your overhead.
In our free, in-person consultation, we’ll give you a free comparison and discuss how these 6 strategies can be implemented immediately.
When you send us your invoices from previous orders, we’ll do a side-by-side comparison of your product costs.
We know it’ll help you, because we’ve successfully implemented it in our own dental practice.
In fact, we were able to secure a 28% reduction in costs on average per month for the last 2 years.
And we’ve added over $12,000 each year to our profit margin, and that’s just the beginning.
In our office, that’s the equivalent of doing 35 more crowns per year.
A fair trade, if you ask us.
Next Steps: Let’s Save You Some Money
So what happens next?
- Schedule your free consultation and we’ll discuss your current process of ordering and identify areas where you can improve.
- We’ll take your existing orders, negotiate the overall price well below retail value with our vendor and give you a side-by-side comparison of your supplies. Our supplier will complete your free good redemption requests for you for any orders placed. This will save you a ton of time and hassle.
- Finally, you decide how you’d like to spend the savings. Increased marketing budget? Investing in new equipment? Additional profit? You decide!
Next Steps: Let’s Save You Some Money
So what happens next?
- Schedule your free consultation and we’ll discuss your current process of ordering and identify areas where you can improve.
- We’ll take your existing orders, negotiate the overall price well below retail value with our vendor and give you a side-by-side comparison of your supplies. Our supplier will complete your free good redemption requests for you for any orders placed. This will save you a ton of time and hassle.
- Finally, you decide how you’d like to spend the savings. Increased marketing budget? Investing in new equipment? Additional profit? You decide!
Ready to Lower Your Dental Supply Costs & Raise Your Margins?
So what’s the catch?
There is no catch!
This service was developed by a real, existing dental practice. We want to share the strategies that we’ve discovered with other dental professionals like you.
Because we know they work.
Our supplier even has a 30-day money-back guarantee in case you change your mind. There is no obligation or contract to purchase items, because we know you know what’s best for your practice.
Ready to Lower Your Dental Supply Costs & Raise Your Margins?
So what’s the catch?
There is no catch!
This service was developed by a real, existing dental practice. We want to share the strategies that we’ve discovered with other dental professionals like you.
Because we know they work.
Our supplier even has a 30-day money-back guarantee in case you change your mind. There is no obligation or contract to purchase items, because we know you know what’s best for your practice.
© 2020 Discovered Value
3301 Long Prairie Rd, Ste 110, Flower Mound, TX 75022
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